Actual Question:
Can any one suggest today's multibaggers of Indian equity space?
Answer:
Dear Friend!
Multibaggers are identified in hindsight and not in advance. This is the reason mu guru Warren Buffett says, “In investing the rear view mirror is always clearer than the windshield”. Therefore, searching for multibaggers is akin to searching for a needle in a haystack. Please drop this idea.
But do not despair. There is a better and more surer route to multibagger returns from the stock market. All good stocks worth investing (please see Portfolio 2K15) will give you returns many times more than the investment in the long term. So the trick is not about chasing multibaggers but identify good stocks, invest in them, wait patiently for a long time, allowing the law of the Miracle of Compounding to work for you and earn you multibagger returns.
Please read the book ‘The Intelligent Investor” by Benjamin Graham, learn value investing, start investing, stay invested for very long time and become rich!
Thank you,
Best Regards
Anand
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